Bill Text | History of Actions | Background | Title |
Description: Financial institutions; credit borrower's payment on date of receipt.
Bill Text: [Introduced]
1 | 01/18 (S) Referred To Business and Financial Institutions | |
2 | 02/05 (S) Died In Committee |
Effective date | Passage | |
Disposition | Dead | |
Deadline | General Bill/Constitutional Amendment | |
Revenue | No | |
Vote type required | Majority |
Senate Committee:
Principal Author: Hewes
Additional Author: Gollott
Title: AN ACT TO REQUIRE ALL BANKS, SAVINGS AND LOAN ASSOCIATIONS, AND SAVINGS BANKS TO CREDIT THE PAYMENT OF ANY MORTGAGE, NOTE OR LOAN TO THE BORROWER'S ACCOUNT ON THE DATE THE PAYMENT IS RECEIVED BY THE BANK, SAVINGS AND LOAN ASSOCIATION OR SAVINGS BANK, OR BY ANY BRANCH THEREOF; AND FOR RELATED PURPOSES.
End Of Document
2002/pdf/History/SB/SB2520.htm